Bookbuilding IPO | ₹882 Cr | Listed at BSE, NSE | Thu, Apr 28, 2016 - Mon, May 2, 2016
Ujjivan Financial IPO is a book build issue of ₹882.50 crores. The issue is a combination of fresh issue of 1.71 crore shares aggregating to ₹358.16 crores and offer for sale of 2.50 crore shares aggregating to ₹524.33 crores.
Ujjivan Financial IPO bidding started from Apr 28, 2016 and ended on May 2, 2016. The shares got listed on BSE, NSE on May 10, 2016.
Ujjivan Financial IPO price band is set at ₹210 per share. The lot size for an application is 70. The minimum amount of investment required by an retail is ₹14,700 (70 shares) (based on upper price). The lot size investment for sNII is 14 lots (980 shares), amounting to ₹2,05,800, and for bNII, it is 69 lots (4,830 shares), amounting to ₹10,14,300.
Axis Capital Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Refer to Ujjivan Financial IPO RHP for detailed Information.
IPO Open
Thu, Apr 28, 2016
IPO Close
Mon, May 2, 2016
Issue Price
₹210 per share
Market Cap (Pre-IPO)
₹2,483.07 Cr
| IPO Date | 28 Apr to 2 May, 2016 |
| Listed on | Tue, May 10, 2016 |
| Face Value | ₹10 per share |
| Price Band | ₹207 to ₹210 |
| Issue Price | ₹210 per share |
| Lot Size | 70 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 4,20,23,609 shares (agg. up to ₹882 Cr) |
| Fresh Issue | 1,70,55,277 shares (agg. up to ₹358 Cr) |
| Offer for Sale | 2,49,68,332 shares of ₹10 (agg. up to ₹524 Cr) |
| Share Holding Pre Issue | 10,11,86,028 shares |
| Share Holding Post Issue | 11,82,41,305 shares |
| BSE Script Code / NSE Symbol | 539874 / UJJIVAN |
| ISIN | INE334L01012 |
Ujjivan Financial IPO comprises a total issue size of 4,20,23,609 shares. Out of which, 2,10,11,803 (50.00%) are allocated to QIB, 63,03,542 (15.00%) allocated to NII 1,47,08,264 (35.00%) allocated to RII.
| Investor Category | Shares Offered | % of Total Issue | Max Allottees |
|---|---|---|---|
| QIB Shares Offered | 2,10,11,803 | 50.00% | NA |
| − Anchor Investor Shares Offered | 1,26,07,081 | 30.00% | NA |
| − QIB (Ex. Anchor) Shares Offered | 84,04,722 | 20.00% | NA |
| NII (HNI) Shares Offered | 63,03,542 | 15.00% | NA |
| Retail Shares Offered | 1,47,08,264 | 35.00% | 2,10,118 |
| Total Shares Offered | 4,20,23,609 | 100.00% |
Investors can bid for a minimum of 70 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 70 | ₹14,700 |
| Retail (Max) | 13 | 910 | ₹1,91,100 |
| S-HNI (Min) | 14 | 980 | ₹2,05,800 |
| S-HNI (Max) | 68 | 4,760 | ₹9,99,600 |
| B-HNI (Min) | 69 | 4,830 | ₹10,14,300 |
Incorporated in 2005, Ujjivan Financial Services Ltd is an Indian microfinance services company primarily based on the joint liability group lending model for providing collateral free, small ticket-size loans to economically active poor women. They also offer individual loans to Micro & Small Enterprises ("MSEs").
They offers group loans and individual loan as per their customer requirements. That include agricultural, education, home improvement, home purchase and livestock loans. In addition to loan products, they also provide non-credit offerings comprising of life insurance products, in partnership with insurance providers such as Baja Allianz Life Insurance, Kotak Mahindra Life Insurance, and HDFC Life Insurance Company Ltd.
Ujjivan Financial operations is spread across 24 states and union territories, and 209 districts across India. serve over 2.77 million active customers through our 469 branches and 7,786 employees.
| Period Ended |
|---|
| Amount in ₹ Crore |
| KPI | |
|---|---|
| RoNW | 10.29% |
The Ujjivan Financial Services IPO is subscribed 40.68 times on May 2, 2016 7:15:00 PM (Day 3). The public issue subscribed 4.02 times in the retail category, 33.84 times in the QIB category, and 135.45 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 33.84 | 85,28,311 | |
| NII | 135.45 | 63,40,619 | |
| Retail | 4.02 | 1,47,94,776 | |
| Total | 40.68 | 2,96,63,706 |
The Initial Public Offer of Ujjivan Financial comprise of:
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment to BRLMs (including underwriting commission, brokerage and selling commission) | 20.91 |
| 2 | Commission and processing fees for SCSBs | |
| 3 | Brokerage and selling commission for Registered Brokers, RTAs and CDPs | |
| 4 | Fees payable to Registrar to the Offer | 0.44 |
| 5 | Listing fees, SEBI filing fees, book-building software fees | 2.43 |
| 6 | Printing and stationery expenses | 1.52 |
| 7 | Advertising and marketing for the Offer | 3.80 |
| 8 | Miscellaneous | 4.56 |
| Price Details | BSE | NSE |
|---|---|---|
| Final Issue Price | ₹210.00 | ₹210.00 |
| Open | ₹227.00 | ₹231.90 |
| Low | ₹217.05 | ₹216.65 |
| High | ₹244.00 | ₹244.65 |
| Last Trade | ₹231.60 | ₹231.55 |
Ujjivan Financial IPO is a main-board IPO of 4,20,23,609 equity shares of the face value of ₹10 aggregating up to ₹882 Crores. The issue is priced at ₹210 per share. The minimum order quantity is 70.
The IPO opens on Thu, Apr 28, 2016, and closes on Mon, May 2, 2016.
Kfin Technologies Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Ujjivan Financial IPO using UPI as a payment gateway. Zerodha customers can apply in Ujjivan Financial IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Ujjivan Financial IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Ujjivan Financial IPO opens on Thu, Apr 28, 2016 and closes on Mon, May 2, 2016.
Ujjivan Financial IPO lot size is 70, and the minimum amount required for application is ₹14,700.
You can apply in Ujjivan Financial IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Ujjivan Financial IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Ujjivan Financial IPO allotment status.
The Ujjivan Financial IPO listing date is on Tue, May 10, 2016.
